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SG explores possible Interactive spin-off to accelerate channel growth

7th September 2016 12:55 pm GMT
Scientific Games

NASDAQ-listed gaming giant Scientific Games may spin off its social casino assets into a separate business as part of a drive to maximise growth for its interactive division.

The supplier's wholly-owned social gaming subsidiaries, including Dragonplay Ltd and Phantom EFX LLC, have been designated as unrestricted subsidiaries under its debt agreements. This means that the company will be able to profit from the division without using its earnings to pay down debt, [...]

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